OFF MARKET

2/42 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 39m2
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Property Details for 2/42 Oceanic Dr, Mermaid Waters

2/42 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 39m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
1979
Floor Size
112m2
Land Size
39m2
Local Government
Gold Coast City
Lot/Plan
2/BUP3352

Last Listing description (April 2020)

Take advantage of an outstanding opportunity to purchase this entry level property, ideal for first home buyers, down sizers or the astute investor. This sought after Mermaid Waters Location ticks all the boxes with schools, shops and transport all at your door.

This ground floor unit has just been painted and has new carpet throughout, the large open plan living/dining opens onto a secure enclosed sun-room. There is a large original kitchen, 2 spacious bedrooms with built-ins, separate laundry and toilet.

Features Include:

Ground Floor Position
Enclosed Sun-Room
2 Spacious Bedrooms
Large Kitchen
New Carpets
Freshly Painted
Single Lock-Up Garage

Centrally located and within walking distance to Miami Primary School, Pizzy Park, Waterway Wonderland Shops and a 2 minute drive to Pacific Fair Shopping Centre.

Call today to arrange your inspection.

Property History for 2/42 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$325,000
05 Mar 2019
  • 13 Mar 2020
    Listed for Sale $343,000
  • 05 Mar 2019
    Sold for $325,000
  • 19 Feb 2019
    Listed for Sale $343,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

Mermaid Waters has 6,178 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 103.10% increase in median value, while Units have seen a 102.32% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Waters is $1,874,168 while the median value for Units is $814,080.
  • Houses have a median rent of $1,150 while Units have a median rent of $730.
There are currently 42 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.